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Dec 26, 2012
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he was on the finance committee for mitt romney in his presidential bid. and what your sources are telling you is what in terms of if we reach a deal. >> i've talked to paul ryan, scott brown and a few of the other republicans and i do think that there is a deal there, and it looks like the threshold number on the taxes will be about $500,000, and so, there's a little bit of a grudge going on right now. one theory is, they allow it to go over the cliff, taxes go up for everybody, the sequestration happens and then they go out and say, well, we lowered your taxes from where the cliff was and we restored cuts from where the se question trags was. that seems to be what's going on now as it relates to the game theory, which i think is sort of sad and an indictment of both political parties, in terms of letting us be in the position that we're in right now. but what it means for investors is, there will be a lot of money on the sidelines until we get this resolved. >> right. all right, john, we're going to let you go now. john harwood with the latest. we have t
he was on the finance committee for mitt romney in his presidential bid. and what your sources are telling you is what in terms of if we reach a deal. >> i've talked to paul ryan, scott brown and a few of the other republicans and i do think that there is a deal there, and it looks like the threshold number on the taxes will be about $500,000, and so, there's a little bit of a grudge going on right now. one theory is, they allow it to go over the cliff, taxes go up for everybody, the...
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Dec 27, 2012
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irony is when he did mention spending cuts, $716 billion in medicare cuts during the campaign, mitt romney and paul ryan and all the republicans, who wanted to do the exact same thing he did, they jumped on his case for proposing cuts to medicare. so how can you negotiate with a party that isn't serious about its own caucus, and isn't capable of controlling them and doesn't have a serious plan for dealing with spending cuts on its own, because it's afraid to take the heat? nobody wants to cut spending. let's just admit that. but if we're going to do it, somebody's got to take the heat and the republicans have been the party advocating it for so long, so take the heat republicans and tell us exactly what you're going to do. are you going to cut mortgage interest deductions, charitable deductions, federal and state tax deductions? let us know where you're going to do to pay for this debt reduction that you want. >> the fact of the matter is, it's not going to get done with just spending cuts or increased taxes, it's going to have to be a combination of both, and right now the worst part of i
irony is when he did mention spending cuts, $716 billion in medicare cuts during the campaign, mitt romney and paul ryan and all the republicans, who wanted to do the exact same thing he did, they jumped on his case for proposing cuts to medicare. so how can you negotiate with a party that isn't serious about its own caucus, and isn't capable of controlling them and doesn't have a serious plan for dealing with spending cuts on its own, because it's afraid to take the heat? nobody wants to cut...
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Dec 27, 2012
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the majority of americans, including romney voters understand the obvious, that is revenues have to be part of the equation. this is a question -- why can't we do it is the head scratching question for most people. it's really part of the institution institutional paralysis of congress, you have a filibuster that enables the minority to work their will and stop even consideration of legislation. in the house, the speaker has to bite the bullet and put on the floor a bill that's going to get significant democratic support and some republican support. that's the only way to do what the country needs. >> and still keep his speakership is the trick. >> i think he can. i think the republicans voting no just don't want their fingerprints on this. if boehner puts something on the floor that passes and they can vote against it, they will underspeaker boehner w was -- speaker boehner was doing the dirty work they were unable to do. >> i know you aren't watching the markets closely. would it alter the calculus at all? does it mean we get a framework in 24 hours if we lost a lot? >> caller: yes.
the majority of americans, including romney voters understand the obvious, that is revenues have to be part of the equation. this is a question -- why can't we do it is the head scratching question for most people. it's really part of the institution institutional paralysis of congress, you have a filibuster that enables the minority to work their will and stop even consideration of legislation. in the house, the speaker has to bite the bullet and put on the floor a bill that's going to get...
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Dec 27, 2012
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in the lengthy campaign review in "the boston globe," the eldest romney son was quoted as saying, in part, "he wanted to be president less than anyone i've met in my life. he had no desire to run. if he could have found swums om else to take his place, he would have been ecstatic to step aside. he is a very private person who loves his family deeply and has deep faith in god and he loves his country, but he doesn't love the country. >> mitt romney was horribly miscast as a candidate. we all realize that now. >> i'm biased that he's saying something in the vicinity of truth. >> really? >> you know, of course, he's been running for president for seven years. of course, he's an adult, and he decided he's running for president, but this lack -- this obvious manifest lack of fire in the belly, the fact that he knows in no way is he a natural politician, mitt romney -- >> you're kidding. >> i think there's some -- there's a disinclination, he wanted to be president less than anyone i know, i think that tag is getting at something true there, yeah. >> don't you think that no one gets into p
in the lengthy campaign review in "the boston globe," the eldest romney son was quoted as saying, in part, "he wanted to be president less than anyone i've met in my life. he had no desire to run. if he could have found swums om else to take his place, he would have been ecstatic to step aside. he is a very private person who loves his family deeply and has deep faith in god and he loves his country, but he doesn't love the country. >> mitt romney was horribly miscast as a...